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Aon (BSP:A1ON34) Shiller PE Ratio : 41.37 (As of May. 03, 2024)


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What is Aon Shiller PE Ratio?

As of today (2024-05-03), Aon's current share price is R$398.40. Aon's E10 for the quarter that ended in Mar. 2024 was R$9.63. Aon's Shiller PE Ratio for today is 41.37.

The historical rank and industry rank for Aon's Shiller PE Ratio or its related term are showing as below:

BSP:A1ON34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.67   Med: 38.28   Max: 64.16
Current: 33.97

During the past years, Aon's highest Shiller PE Ratio was 64.16. The lowest was 22.67. And the median was 38.28.

BSP:A1ON34's Shiller PE Ratio is ranked worse than
87.57% of 362 companies
in the Insurance industry
Industry Median: 13.145 vs BSP:A1ON34: 33.97

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Aon's adjusted earnings per share data for the three months ended in Mar. 2024 was R$6.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$9.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aon Shiller PE Ratio Historical Data

The historical data trend for Aon's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aon Shiller PE Ratio Chart

Aon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.33 43.51 55.82 44.60 37.14

Aon Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.38 45.59 41.75 37.14 40.48

Competitive Comparison of Aon's Shiller PE Ratio

For the Insurance Brokers subindustry, Aon's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aon's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Aon's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Aon's Shiller PE Ratio falls into.



Aon Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Aon's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=398.40/9.63
=41.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aon's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Aon's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.66/120.1096*120.1096
=6.660

Current CPI (Mar. 2024) = 120.1096.

Aon Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.565 100.773 0.673
201409 0.608 100.474 0.727
201412 1.030 99.576 1.242
201503 0.895 99.975 1.075
201506 0.482 100.573 0.576
201509 1.015 100.274 1.216
201512 2.028 99.676 2.444
201603 1.100 99.676 1.325
201606 0.950 101.072 1.129
201609 0.960 100.274 1.150
201612 1.568 99.676 1.889
201703 0.852 100.374 1.020
201706 2.414 100.673 2.880
201709 0.564 100.474 0.674
201712 -0.066 100.075 -0.079
201803 1.943 100.573 2.320
201806 0.179 101.072 0.213
201809 0.616 101.371 0.730
201812 1.369 100.773 1.632
201903 2.592 101.670 3.062
201906 1.099 102.168 1.292
201909 0.958 102.268 1.125
201912 1.621 102.068 1.908
202003 4.019 102.367 4.716
202006 2.205 101.769 2.602
202009 1.593 101.072 1.893
202012 2.920 101.072 3.470
202103 5.635 102.367 6.612
202106 2.087 103.364 2.425
202109 -5.266 104.859 -6.032
202112 5.514 106.653 6.210
202203 5.885 109.245 6.470
202206 2.940 112.734 3.132
202209 2.517 113.431 2.665
202212 4.118 115.425 4.285
202303 6.602 117.618 6.742
202306 3.288 119.611 3.302
202309 2.753 120.708 2.739
202312 3.026 120.110 3.026
202403 6.660 120.110 6.660

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Aon  (BSP:A1ON34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Aon Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Aon's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Aon (BSP:A1ON34) Business Description

Traded in Other Exchanges
Address
James Joyce Street, Metropolitan Building, Dublin 1, IRL, D01 K0Y8
Aon is a leading global provider of insurance and reinsurance brokerage and human resource solutions. Its operations are tilted toward its brokerage operations. Headquartered in London, Aon has about 50,000 employees and operations in over 120 countries around the world.

Aon (BSP:A1ON34) Headlines

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